Product Expansion Performance Toyota Bountiful has recently expanded its vehicle offerings by launching 4WD models, appealing to customers seeking off-road and winter driving capabilities, which presents opportunities to market accessories and upgrade packages tailored to these vehicles.
EV Incentives Platform The launch of a platform that simplifies finding EV incentives indicates a growing focus on electric vehicles, providing a sales opportunity for new EV models, related financing, and energy-efficient accessories as customer interest in electrification increases.
Recalls and Trust Recent recall of over 22,000 trucks highlights a need for confidence rebuilding and service upselling, offering prospects for enhanced warranty packages, aftermarket parts, and maintenance services to foster customer loyalty.
Market Positioning With a revenue range of 10 to 25 million dollars and a comprehensive used vehicle inventory, there’s potential to attract mid-market consumers looking for quality vehicles, including trade-in opportunities and financing options that can expand customer base.
Technology Engagement Utilizing advanced digital tools and platforms shows an openness to innovative customer engagement, opening doors to digital marketing campaigns, virtual vehicle tours, and personalized digital services to increase sales conversions.